State Swings in to Resolve Del Monte Land Issues

The land lease dispute between the giant company Del Monte and the residents of Kiambu County has attracted the eye of President Uhuru Kenyatta who has directed the Ministry of Lands to resolve the issue as soon as possible. According to the Lands Principal Secretary Nicholas Muraguri, the Head of State has given the Ministry until the end of the Month of July to have the issue resolved after Washington called on Nairobi to intervene. “All parties will be listened to and the government will conclusively deal with the issue…

CIPLA GETS READY TO BRING COVID-19 TREATMENT TO KENYA

Cipla through a landmark agreement with Gilead Sciences Inc.[1], was granted a license to manufacture and distribute the antiviral medicine, remdesivir, in 127 countries, including Kenya[2]. As many of these emerging markets face obstacles in accessing healthcare, Cipla will expand supply to several Sub-Saharan African countries including KENYA. The Emergency Use Authorization (EUA) for remdesivir was first issued by the United States Food and Drug Administration (FDA) on 1 May 2020[3], mainly based upon a study funded by the National Institute of Allergy and Infectious Diseases (NIAID) in the USA. This…

KNUN RIFTS WIDENS AS FACTION WANTS SG PANYAKO OUT

By Mourice Seretta A section of the Kenya National Union of Nurses, KNUN, branch officials now want the Union’s National Secretary General Seth Panyako out of office. The officials led by Elegeyo Marakwet Branch Secretary General Biwott say Panyako tenure as the head of the union has been met with gross violations of its members at the same time accusing Panyako of maladministration of the union. They want him to urgently call for a meeting to make changes at the Unions top leadership positions. ‘Panyako has severally been cited for…

Millie Odhiambo and David Sankok Best Performing MPS

By Mourice Seretta The Annual Parliamentary Scorecard for the 3rd Session of the 12th Parliament has been released by Mzalendo Trust, a Parliamentary Monitoring Organization (PMO). According to the report, the legislative output of Parliament was low compared to other sessions while the number of Members of Parliament (MPs) who made no contributions was on the rise, with a record number of 21 making no contribution in 2019. The organization has further raised concerns about MPs who have consistently failed to make contribution at the plenary.  These include Hon. Oscar…

Rental yields drop marginally as tough economic times bite

Cytonn Real Estate, the development affiliate of Cytonn Investments, has released its H1’2020 Markets Review. The report highlights the current state of the real estate sector in terms of uptake, rental yields, capital appreciation, and hence, total investor returns. According to the report, average rental yields softened across all sectors coming in at 7.4%, 7.3% and 5.1%, for retail, office and residential sectors, respectively, from 7.7%, 7.8% and 5.2% in Q1’2020.The land sector recorded an overall annualized capital appreciation of 1.4%, with asking land prices in low rise residential areas…

SCHOOLS TO RE-OPEN IN JANUARY, NO NATIONAL EXAMS THIS YEAR, MAGOHA

By Maurice Serreta Education Cabinet Secretary Professor George Magoha has said that all basic institutions will be re-opened in January 2021 based on the assumption that the infection curve will have flattened. Addressing the media shortly after holding a consultative meeting with education stakeholders at the Kenya Institute of Curriculum Development, KICD, in Nairobi, Magoha also says this year’s candidates who were preparing to sit for their Kenya Certificate of Primary Education, KCPE and Kenya Certificate of Secondary Education Examinations, KCSE, will not sit for the same this year but…

UBER EATS AND UNESCO COME TOGETHER TO SUPPORT VULNERABLE FAMILIES IN KENYA

By Mourice Serreta As families lose income and work opportunities continue to decline due to the global pandemic, the daily food needs of communities has become a real threat. Uber is honoured to join the United Nations Educational, Scientific and Cultural Organization (UNESCO) Global Education Coalition to run a range of initiatives ensuring that learning never stops. The first global initiative Uber is launching under the coalition’s umbrella is in Kenya, where Uber Eats is partnering with Team Pankaj to help feed vulnerable Kenyan families with young children, impacted most…

Relief at last as PRESIDENT KENYATTA LIFTS LOCKDOWNS

By Mourice Serreta President Uhuru Kenyatta has lifted the secession of movement into and out of the Nairobi metropolitan area, Mombasa county and Mandera county saying it shall lapse today or at 4 AM tomorrow Tuesday the 7th of July 2020. Addressing the nation today from his Harambee House Office in Nairobi, President Kenyatta has however extended the nationwide curfew that is currently in force betwee the hours of 9PM and 4AM for a further 30days. ‘By reopening Nairobi, Mombasa, and Mandera, we must be aware that we will all…

Planning is more important than prediction for Africa’s property sector now

By Gerhard Zeelie. An understandable response to the economic fallout of Covid-19 is for governments, industries and businesses trying to predict the path that the global economy will take in the coming months and years. However, given that this is a challenging exercise at best, it’s probably a better investment of valuable time and effort to ponder the many lessons – some very hard to swallow – that the pandemic has taught us, and integrate them into our future business and investment plans and strategies, so that we’re more prepared…

Emirates delivers on customer promise, offers travel confidence

In the past two months, Emirates has processed nearly 650,000 refund requests, returning over AED 1.9 billion to its customers and making good on its promise to expedite refunds after the COVID-19 pandemic disrupted travel plans for millions of customers around the world. In April, Emirates had announced that it would ramp up its refunds capabilities and committed to clear its backlog by August, which at that time stood at nearly half a million requests. The airline had crossed that target by early June, after expanding its processing capability from…